Devoid of stock options, corporate perks and bonuses, the compensation of most association leaders stands in stark contrast to the paychecks of Wall Street and private sector executives, who have come under fire for their salaries and payouts in recent weeks. Lacking all the trimmings of the private sector, heads of associations and professional groups most often take home pay well below the $1 million mark, according to the yearly executive compensation survey conducted by CEO Update. One is Joe McInerney, CEO of the American Hotel and Lodging Association, who joined his group in 2001 after 25 years managing international hotel franchises and leading a trade group… Read More